Simplify Asset Management Inc. Purchases 190,684 Shares of Simplify MBS ETF (NYSEARCA:MTBA)

Simplify Asset Management Inc. grew its holdings in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 21.6% in the 3rd quarter, Holdings Channel reports. The fund owned 1,075,137 shares of the company’s stock after acquiring an additional 190,684 shares during the period. Simplify MBS ETF accounts for about 2.6% of Simplify Asset Management Inc.’s investment portfolio, making the stock its 7th biggest position. Simplify Asset Management Inc. owned 0.08% of Simplify MBS ETF worth $55,348,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Ironsides Asset Advisors LLC purchased a new position in Simplify MBS ETF in the first quarter valued at about $706,000. CreativeOne Wealth LLC acquired a new stake in shares of Simplify MBS ETF during the first quarter worth approximately $1,483,000. Kingswood Wealth Advisors LLC acquired a new stake in shares of Simplify MBS ETF during the second quarter worth approximately $408,000. Aprio Wealth Management LLC increased its stake in shares of Simplify MBS ETF by 9.1% in the second quarter. Aprio Wealth Management LLC now owns 163,621 shares of the company’s stock worth $8,240,000 after buying an additional 13,697 shares during the last quarter. Finally, Cambridge Advisors Inc. raised its holdings in Simplify MBS ETF by 12.1% in the second quarter. Cambridge Advisors Inc. now owns 14,109 shares of the company’s stock valued at $711,000 after acquiring an additional 1,527 shares in the last quarter.

Simplify MBS ETF Trading Down 0.2 %

NYSEARCA MTBA traded down $0.09 during trading hours on Friday, reaching $49.98. 29,039 shares of the company traded hands, compared to its average volume of 199,493. Simplify MBS ETF has a 12 month low of $49.51 and a 12 month high of $51.97. The company has a 50 day moving average of $50.98 and a two-hundred day moving average of $50.85.

Simplify MBS ETF Company Profile

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS.